Bitcoin traded as little as US$106,398 on Friday morning earlier than recovering to round US$110k. Macro headwinds together with unresolved US-China commerce tensions, persistent inflation considerations, and ongoing authorities shutdown are weighing on investor sentiment. US spot Bitcoin ETFs recorded US$470.7 million in internet outflows, with Constancy’s FBTC and ARK’sContinue Reading

Three ETFs monitoring Solana, Litecoin, and Hedera launched on Wall Avenue, producing US$65 million (AU$98.5 million) in first-day buying and selling quantity. Bitwise’s Solana Staking ETF led with US$56 million (AU$84.9 million), supported by its 7% yield mannequin and zero-fee launch interval. The ETF wave highlights rising institutional curiosity, withContinue Reading

Canary Capital is set to launch its Hedera and Litecoin ETFs tomorrow US time, despite the ongoing US government shutdown hampering SEC approvals. Changes to the ETFs’ registration statements allowed them to skirt part of the usual approvals process and automatically become active 20 days after filing. After months ofContinue Reading

Bitcoin was designed to flee conventional finance, however main asset managers like BlackRock are actually facilitating large-scale conversions of Bitcoin holdings into ETFs, with over US$3 billion in conversions already processed. Retail buyers stay cautious because of Bitcoin’s excessive price ticket and notion of lacking the entry level, whereas institutionalContinue Reading

US spot Bitcoin ETFs skilled mixed outflows of US$1.22 billion between Monday and Friday, with solely Tuesday recording internet inflows of US$102.7 million. Main funds ARKB, IBIT and FBTC led the outflows with losses of US$289.5 million, US$278.6 million and US$160 million respectively. JPMorgan analysts counsel crypto-native buyers quite thanContinue Reading

JPMorgan analysts discovered minimal proof of institutional or ETF involvement within the crash, attributing the selloff primarily to deleveraging by overleveraged momentum and quant merchants. Bitcoin prolonged its decline to round US$108k after liquidations wiped over US$6 billion from markets, falling from October’s report highs above US$126k. Mounting US-China commerceContinue Reading

Tom Lee’s BitMine Immersion Applied sciences acquired 104,336 ETH price US$417 million, growing complete holdings to three.03 million ETH. Lee maintains his prediction that ETH will attain US$10k by finish of 2025, regardless of a broader crypto market crash. In the meantime, US spot Ethereum ETFs have proven combined efficiencyContinue Reading

Singapore’s DBS Group has partnered with Franklin Templeton and Ripple to launch trading and lending services using tokenised money market funds and RLUSD stablecoin. The collaboration enables accredited investors to swap between sgBENJI tokens and RLUSD on the XRP Ledger, creating new yield and credit opportunities. XRP has surged 600%Continue Reading

US Bitcoin ETFs recorded US$2.2 billion in net inflows last week after strong performance from Fidelity and BlackRock, reversing previous negative flows. The combined US funds now hold 1.31 million BTC worth US$152.7 billion, representing 6.24% of total Bitcoin supply and highlighting ETFs’ growing importance. Ethereum ETFs attracted US$734.3 millionContinue Reading